Sheffield-based Arnold Laver & Company Ltd has reported a doubling of pre-tax profits to £2.7m for its full year ended June 30, 2011 (2010: £1.5m)
Annual turnover was also up 12% to £99m (2010: £88m) as the company benefited from increased sales to housebuilders, demand in the supermarket construction sector and business on the Olympic Park and Village.
The company said that, despite a decline in general business confidence because of the Eurozone crisis, there were positive signs that housebuilding and infrastructure work would improve later in 2012.
The group’s property portfolio, which includes 12 depots, was valued at £92m.
